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Inventory Management Software
Inventory Management software monitors inventory levels for optimal production and distribution of goods for wholesale or retail.
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Algo’s inventory optimization software uses advanced AI to minimize costs, enhance stock availability, and reduce waste, in real-time.
Learn more about Algo
Inventory Optimization Software: Maximize efficiency and reduce costs.
Algo’s inventory optimization software leverages advanced AI to minimize costs, enhance stock availability, and reduce waste. With real-time insights and predictive analytics, you can achieve the perfect balance between supply and demand.
Minimize costs and boost satisfaction.
Reduce overstock and stockouts by maintaining optimal inventory levels across your operations. Advanced optimization ensures you meet customer demand without excess costs. This improves efficiency while enhancing customer satisfaction and loyalty.
Improve decisions with automation
Automate replenishment processes with intelligent recommendations and dynamic triggers. Streamline stock ordering based on accurate demand forecasts to reduce manual errors. This enables faster, smarter decision-making and consistent product availability.
Algo ensures that you have the right products, in the right place, at the right time.
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
NAO ERP is a streamlined inventory management solution built on the Salesforce platform.
Learn more about NAO ERP
NAO ERP is a streamlined inventory management solution built on the Salesforce platform.
Designed for small businesses and SMEs in the global e-commerce marketplace, NAO ERP offers features such as inventory management, sales order management, purchase order management, goods receivable process, and average weighted cost calculation.
Integration with Xero and MYOB AccountRight ensures seamless financial management. Experience simplified processes with NAO ERP.
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
Connect your inventory, suppliers, sales channels, orders and warehouses in one automated solution with 700 integrations.
Learn more about Cin7 Core
Cin7 connects your inventory, suppliers, sales channels, orders and warehouses in one automated inventory management software with integrations to all the popular eCommerce platforms, marketplaces, accounting tools, and 3PLs. Designed for SMBs, its real time data gives you a full picture of your products from procurement to order fulfillment. Cin7 provides exceptional automations, workflows, reports, and analysis to enable brands, manufacturers, retailers, and wholesalers to operate efficiently as they scale.
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
INTUENDI reduces stockout and excess inventory, and simplifies the purchase orders management with an affordable and easy to use tool.
Learn more about INTUENDI
INTUENDI is the leading Inventory Management cloud tool developed to reduce stockouts and minimize excess inventory while increasing sales. Affordable and easy to use, Intuendi reduces up to 82% forecasting error, and speeds up 6x the purchase orders management process.
Powered by AI and designed for small and midsize companies, Intuendi gives you the right replenishment suggestions and the confidence to stock the right SKUs in the right place at the right time.
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
Fishbowl streamlines and automates the inventory management process to increase throughput, accuracy, efficiency, and profitability.
Learn more about Fishbowl
With Fishbowl Manufacturing and Inventory Management, you can automate your processes and reduce costs while maximizing profitability. Our solution includes advanced work orders, material requirements planning (MRP), bills of materials, barcode scanning and can be easily deployed on-premise and hosted in the cloud.
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
Timly enables a 360° overview of the entire inventory of your company and automates tracking of devices, tools, machines, facilities...
Learn more about Timly
We make inventory management and tracking easy!
Timly enables a 360° overview of the entire inventory of your company. Efficiently track devices, tools, machines, facilities and vehicle fleets. Timly automates all processes related to physical inventory management:
> What do I have?
> Where is it?
> Who has it?
> Planning: when and where?
> When is the next service?
> Maintenance & repairs
> Track defects
> Usage Data
> What is it worth?
Timly provides all the answers - with just one click.
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
Netstock’s AI-driven platform boosts visibility, optimizes stock, and reduces demand and supply risk with real-time insights
Learn more about Netstock
Netstock provides businesses with powerful inventory management solutions, giving them full visibility and control over stock levels. Seamlessly integrated with your ERP, Netstock offers real-time insights to optimize inventory, reduce costs, prevent stock-outs, and avoid overstocking. With advanced AI tools, you can quickly solve specific inventory problems and receive actionable recommendations from an AI expert, saving time and improving decision-making. Set replenishment parameters, manage safety stock, and forecast demand with greater precision to keep operations running smoothly and efficiently while freeing up cash flow to invest in growth.
Key capabilities of Netstock include:
- Inventory optimization
- Supplier performance
- Inventory ordering
- Demand planning
- Sales and operations planning
- "What-if" scenario planning
- Manufacturing and capacity planning
*Netstock is not a WMS or inventory control solution
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
Track inventory levels, manage stockrooms, and prevent stockouts with QuickBooks Enterprise. Buy Now!
Gain complete visibility into your inventory with QuickBooks Enterprise. Track stock levels, manage purchase orders, and optimize your inventory levels to reduce stockouts and minimize carrying costs. Buy QuickBooks Enterprise now.
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
monday.com Work OS offers full inventory control with no-code features such as shipment tracking, automations, integrations, and more.
monday.com Work OS offers cloud based inventory management, enabling you to manage and optimize inventory effortlessly. The no-code features are highly customizable, including inventory tracking, shipment tracking, and integrations with existing tools such as CRM and Excel. Automations eliminate tedious tasks, and decrease the risk of error throughout your inventory flow. monday.com Work OS empowers teams to create solutions that fit their way of working.
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
Appointment scheduling management solution that enables salon and fitness businesses to get found, booked, and paid.
Vagaro allows teams to manage appointments, payments, payroll, inventory, and much more on any device. Stand out from competition with a custom logo, website, online store & branded app. Attract new customers on the Vagaro marketplace and integrate it with social media booking tools. Teams can retain customers & boost sales with AI-based text and email marketing tools. It allows managers to stop no-shows with deposits and automated reminders.
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
Manage your stock with Xero's simple inventory management software. Stay on top of the numbers and keep track of stock in real time.
Easily keep tabs on your stock quantity and value with Xero inventory management tools. Know your best-selling and most profitable product lines and see how much profit you¿re making. Use this information to make the right decisions about what to order and how to price it. At the same time, save time with bulk imports. It's simple to get inventory in Xero up and running by quickly importing large numbers of inventory items from a spreadsheet. We provide a simple CSV template for you to use.
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
Accept card and contactless payments in person with our selection of chip, tap, and swipe readers and accessories.
PayPal Commerce Platform helps make it easy for your customers to pay any way they want from almost anywhere. Let them pay now, pay later, or offer subscriptions or global and local payment options. It's the kind of flexibility customers demandthe kind that drives loyalty and lets you grow with the market.
Learn more about PayPal Zettle
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
Weebly helps you launch and grow your online store with step-by-step guidance, full SEO optimization, marketing tools and more.
Weebly allows anyone to start and grow their own online store with curated templates, powerful features and integrated marketing. More than 50 million entrepreneurs around the world use Weebly to grow their customer base, reach a global audience and create a quality website that works well on any device. Weebly offers a range of pricing options and is consistently the highest rated website building mobile app in the App Store and Google Play.
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
Optimize inventory levels, boost profitability and decrease cost of goods sold with NetSuite inventory management.
NetSuite inventory management automates manual processes associated with traceability, replenishment, cycle counting, and managing inventory across multiple locations. With a single view of items, inventory and orders businesses can carry less inventory on hand and free up cash. Demand-based replenishment uses historical sales and seasonality to automate re-order points. Forward and backward tracing capabilities link finished goods to customer orders and suppliers allowing for full traceability.
Learn more about NetSuite
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
Inventory management software to regulate stock levels, control assets and inventory, and manage consumables in and out of the company.
Our leading asset tracking software enables you to manage inventory and assets across your company. Track vendors, move inventory across locations, and customize low stock threshold alerts for optimized inventory management. Scan Barcodes, QR Codes and RFID tags to perform mass actions and use our mobile apps to manage operations on the go! Our procurement module allows quick inventory replenishment through POs which automatically update your product catalog. Try it for free!
Learn more about EZO
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
Inventory tracking platform that is cloud-based with mobile apps (IOS/Android). Unlimited Users. Get a free guided demo today!
Asset Panda is a powerful Cloud/Mobile App inventory tracking platform. We help people track, manage and support their inventory throughout their life cycle. Our software is configured to the way our clients work, secure and leverages the mobile devices your employees already carry. Get a free guided demo today!
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
UpKeep is rated the #1 mobile-first Inventory Management Software to streamline work orders, facility, and asset management.
UpKeep's Inventory Management Software is rated the #1 mobile-first maintenance and asset management solution for your team. From your desktop to your phone and even your tablet, UpKeep is easily accessible from anywhere at any time. Create work orders on-the-go, get notifications when tasks are updated, and receive alerts straight from your app when assets go down making your business run more efficiently than ever before.
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
Helps users wisely manage their warehouses, and maximize their inventory efficiency, by reducing stock levels and avoiding stock-outs.
Odoo Inventory is expertly designed to help companies improve their internal operations, specifically by providing them with the most efficient stocking methods imaginable. Users can wisely manage their warehouse, and maximize their inventory, by reducing stock levels and avoiding unnecessary stock-outs. With Odoo's innovative double-entry system, inventory has no stock input, output, or transformation - all operations are simply stock moves between locations.
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
Web-based open source eCommerce platform that helps in the creation of online store with themes, payment, shipping options & more.
Web-based open source eCommerce platform that helps in the creation of online store with themes, payment, shipping options & more.
Learn more about WooCommerce
Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
QuickBooks Online Advanced is an accounting software designed to help businesses streamline operations and gain insights.
QuickBooks Online Advanced is an accounting software designed to help businesses streamline operations and gain insights. This cloud-based solution caters to a range of industries such as professional services, legal, nonprofit, construction, food and beverage, among others. Users can create personalized charts, dashboards, and reports to access financial insights. The software integrates with spreadsheets, allowing for business data and custom insights. It includes the ability to import and send invoices and expenses, as well as enter and edit multiple bills and checks.
Learn more about QuickBooks Online Advanced
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
This cloud-based POS centralizes inventory management, employee management, sales reporting & accounting across locations and channels.
This POS platform makes retail easier for everyone. Whether you’re just getting started or building your empire, Lightspeed’s got you covered. Simplify inventory management with a sophistacted product catalog that unites all your locations from a single dashboard.
- Manage Inventory faster
- Get Lightspeed's Hardware
- Create exceptional customer experiences
- Keep an eye on performance in over 40 built-in reports
- Lightspeed Payments
Learn more about Lightspeed Retail
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
ShipStation inventory management boosts efficiency, reduces errors, and optimizes stock levels for major cost savings.
With ShipStation’s inventory management solution say goodbye to costly errors and inefficiencies. Enhance your bottom line by fine-tuning stock levels with automated tracking and management. Whether setting account-wide or SKU-specific thresholds, allocating available stock to higher-priority orders, or averting the shipment of "out-of-stock" orders, this solution empowers you to pick and pack faster and with accuracy.
Learn more about ShipStation
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
Sortly helps businesses track inventory, materials, parts, tools, and equipment—from any device, in any location.
Sortly helps businesses track inventory, materials, parts, tools, and equipment—from any device, in any location. Organize, customize, track, update, and manage your inventory in one easy app.
Key Features:
- Use from any device, any location
- Mobile barcode & QR scanning
- Barcode label generation
- Low stock alerts & reports
- Custom folders, fields & tags
- Activity reports
- Customizable user access
- Offline access
Learn more about Sortly
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
Rental software for small and medium-sized rental businesses.
Booqable is rental software for small and medium-sized rental businesses across various industries. Manage your inventory, accept online bookings, and keep your schedule organized. With real-time availability updates, automated pricing, and integrated payments, Booqable will make your rental operations more efficient, reduce manual tasks, and offer a seamless experience for your customers. Whether you're managing a large inventory or specialized equipment, Booqable adapts to your business needs, making it easy to grow and scale. Trusted by rental businesses around the world, Booqable is your go-to solution for efficient, reliable, and user-friendly rental management.
Learn more about Booqable
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
Cloud and mobile-based service management software that helps automate processes such as scheduling, dispatching, invoicing, and more.
mHelpDesk is the easiest and most powerful inventory tracking solution for your business, helping you manage inventory across several locations for your field service business. No more showing up on a job site without the parts you need or making an extra trip to the warehouse for no reason. You¿ll know exactly what is where and when you¿re low on parts. We provide our customers with mobile and online tools that are unmatched in performance, reliability, and functionality.
Learn more about mHelpDesk
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Features
- Forecasting
- Order Management
- Warehouse Management
- Alerts/Notifications
- Reporting/Analytics
- Inventory Control
- Kitting
- Barcode/Ticket Scanning
Inventory Management Software Buyers Guide
Table of Contents
What is inventory management software?
Inventory management software monitors inventory, helping organizations streamline inventory creation and organize order fulfillment operations. These systems help businesses optimize their inventories and improve supply chain efficiency. Advanced inventory management systems provide real-time inventory control and auditing functionalities.
The benefits of inventory management software
Manual inventory management programs, whatever your method, is inefficient and time consuming. These methods cannot handle complex tasks such as inventory auditing, inventory control, and real-time inventory tracking. Inefficient inventory management harms your business; excess inventory increases your total cost of warehousing, while inadequate stock leads to lost sales and negative customer experience.
Inventory management is a key factor that influences whether you make a sale or lose to a competitor, and inventory management software helps your business avoid such damage while overcoming related challenges.
Specific benefits include:
- Enhanced inventory tracking
- Lower incidents of inventory theft
- Improved supply chain visibility for your suppliers
- Improved financial performance
- Accurate accounting and financial reporting
Typical features of inventory management software
- Inventory auditing: Run periodic reviews of inventory records and alert management of any discrepancies or process lapses.
- Inventory control: Optimize inventory levels and reduce instances of overstocking and understocking.
- Product categorization: Monitor inventory based on product attributes such as weight, height, lot, batch, date, and serial number.
- Purchase order management: Create, review, and modify paperless purchase orders from suppliers.
- Reporting/analytics: Summarize and analyze inventory performance. Some advanced platforms offer real-time data capturing and data visualization tools.
- Search/filter: Search products based on features such as location, product type, serial number, and size.
Considerations when purchasing inventory management software
- Integration with accounting software: Inventory management systems work closely with accounting platforms. Inventory control and inventory auditing are important functions fueled by accounting solution integration. When buying inventory software, ask the vendor about third-party integrations and look for a solution that integrates with your current—or preferred—accounting software.
- Total cost of ownership: Different inventory management programs offer varied pricing models that make direct comparison a bit tough. Certain vendors may charge for product support, data storage, training, implementation, upgrades, and more. Before purchasing a solution, contact the vendor and calculate the total cost of ownership based on your business’ needs.
Relevant inventory management software trends
- Vendors add advanced data analytics for better inventory control: Data analytics technologies have grown by leaps and bounds in recent years. In response, inventory management systems vendors are including advanced data analytics modules in their products to offer data visualization , real-time data access , and multiple data connectors . Data analytics helps managers take corrective action in the event of performance deviation.
- Internet of things will get real: In the coming years, you’ll get something more from the internet of things (IoT) than just the hype you’ve seen so far. In fact, according to a Capterra’s technology trends report , 73% of small businesses are planning to use IoT within the next two years. The IoT is becoming a reality with the launch of products such as BlackBerry Radar —which has advanced tracking and sensor capabilities—and Smart trash receptacles , which share volume status (denoting how “full” the receptacles are) via Wi-Fi to optimize trash collectors routes.
